124
124
Sep 15, 2012
09/12
by
CNN
tv
eye 124
favorite 0
quote 0
. >>> your congress is about to send you over a fiscal cliff. your economy is not creating enough jobs to keep up with a growing population, and every man, woman and child in america now owes more than $50,000 for their sharef
. >>> your congress is about to send you over a fiscal cliff. your economy is not creating enough jobs to keep up with a growing population, and every man, woman and child in america now owes more than $50,000 for their sharef
206
206
Dec 24, 2012
12/12
by
CNNW
tv
eye 206
favorite 0
quote 0
the big worries about the fiscal cliff and how that's going to affect the economy as a whole. you look at oil prices and they have barely moved since late october. oil prices are between $85 to $90 a barrel since late october. and when oil prices stabilize for a longer time, as they have been, it gives gas prices a better chance to stabilize as well. but you look at it broadly, though, the gas prices are not falling for the the right reason. we could go back into a recession and it's those concerns for a downturn in the economy that are actually pushing prices lower. >> all right. alison kosik, live from the new york stock exchange. thank you as always. >>> the head of the national rifle association says to call him crazy for proposing more guns in schools. the nra's ceo wayne lapierre insists a ban on assault weapons won't prevent mass killings, which he blames on violent video games and the media. he says armed guns eed guards are the best way to prevent tragedies. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call
the big worries about the fiscal cliff and how that's going to affect the economy as a whole. you look at oil prices and they have barely moved since late october. oil prices are between $85 to $90 a barrel since late october. and when oil prices stabilize for a longer time, as they have been, it gives gas prices a better chance to stabilize as well. but you look at it broadly, though, the gas prices are not falling for the the right reason. we could go back into a recession and it's those...
187
187
Dec 12, 2012
12/12
by
CNNW
tv
eye 187
favorite 0
quote 0
the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are lacplaced in jeopardy. >> well, they talk and we all listen and then we decide who we appreciate more. it's in the form of a poll who is handling these negotiations better. the latest abc news "washington post" poll says 49% of americans think president obama is doing a better job of all of this, while only 25% say they approve of speaker boehner's efforts. those aren't the numbers you want to see if you're the speaker right now. our senior congressional correspondent dana bash has been working her sources throughout the morning, joining me live now from washington. one of the things i see, dana, that's so frustrating, is we get a lot of rhetoric on television and we hear later about secret conversations. i just wonder how much rhetoric is going on behind closed doors or if they're really getting closer. >> reporter: well, you just mentioned there was a monphone l between the speaker and the president, and by all accounts, it really did not go well. i'm
the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are lacplaced in jeopardy. >> well, they talk and we all listen and then we decide who we appreciate more. it's in the form of a poll who is handling these negotiations better. the latest abc news "washington post" poll says 49% of americans think president obama is doing a better job of all of this, while only 25% say they approve of speaker...
264
264
Nov 9, 2012
11/12
by
CNNW
tv
eye 264
favorite 0
quote 0
economy plunging back into recession. we're talking about the so-called fiscal cliff. it is a combination of automatic spending cuts to the tune of $1.2 trillion over the next ten years and tax increases for 90% of americans. we're going to hear from the president shortly about the economy and the fiscal cliff. he is scheduled to speak at 1:05 eastern. we're going bring you the remarks live, of course, but right now correspondents here for pregame analysis. we've got ali velshi and christine romans in the house, our money team. we have wolf blitzer and chief political analyst claire borger in washington, and jessica yellin. she is actually at the white house making her way into the east room where she is going to be covering that statement. wolf, i want to start off with you. this event in the east room, there will be middle class foilgs behind him. these are the folks that would be impacted by a tax increase. he is notts taking any questions. they already won. this is not a campaign event here. if this is really about governing, why do you think we are seeing this kin
economy plunging back into recession. we're talking about the so-called fiscal cliff. it is a combination of automatic spending cuts to the tune of $1.2 trillion over the next ten years and tax increases for 90% of americans. we're going to hear from the president shortly about the economy and the fiscal cliff. he is scheduled to speak at 1:05 eastern. we're going bring you the remarks live, of course, but right now correspondents here for pregame analysis. we've got ali velshi and christine...
172
172
Nov 14, 2012
11/12
by
CNN
tv
eye 172
favorite 0
quote 0
economy if we do go over that fiscal cliff and see the massive spending cuts and massive tax hikes. he's worried about it. don't get me wrong. he's not as alarmist as many. take a listen. what is the likelihood of the united states falling into a recession if we go over the cliff? >> i don't think that's going to happen. i think that if we go past january 1st i don't know whether it will be january 10th or february 1st, but we are not going to permanently cripple ourselves because 535 people can't get along. >> even if we go over for two months, does that dip this economy back into recession? >> i don't think so. >> you don't think so. that's interesting because the cbo believes that that -- >> yeah, well, we had hurricane sandy, which disrupted the economy for a period . we had katrina. we'll have things that will disrupt the economy. 9/11 was an extraordinary case. we have a i havery resilient economy. the fact that they can't get along for the month of january is not going to torpedo the economy. >> reporter: and, fredricka, i also talked to him about that meeting that the presid
economy if we do go over that fiscal cliff and see the massive spending cuts and massive tax hikes. he's worried about it. don't get me wrong. he's not as alarmist as many. take a listen. what is the likelihood of the united states falling into a recession if we go over the cliff? >> i don't think that's going to happen. i think that if we go past january 1st i don't know whether it will be january 10th or february 1st, but we are not going to permanently cripple ourselves because 535...
265
265
Nov 9, 2012
11/12
by
CNNW
tv
eye 265
favorite 0
quote 0
the overall american economy does, too. let's talk about what the fiscal cliff is. starting in the beginning of the year because of a deal the congress did last year to raise the debt ceilings, all these things will go into play at the same time, big spending cuts, bush tax cuts expire, minimum tax cut goes away, payroll tax holiday goes away, unemployment benefits extension. whole bunch of things. middle income households making, say, $50,000 a year would see their tax bill rise $2,000. $2,000 for the year. immediately your paycheck, you would notice a change there o r overall, certainly in what you pay when you pay your taxes. this is the spending part of it. 8% to 10% cuts in budgets for everything you could think of, from the fda, centers to disease control, education, border patrol, cdc director has said this. 8% to 10% reduction will risk costy and deadly spread of disease and failures to prevent tragic and expensive health problems. yeah. this is something that really matters. a math problem between democrats and republicans is something that matters to every
the overall american economy does, too. let's talk about what the fiscal cliff is. starting in the beginning of the year because of a deal the congress did last year to raise the debt ceilings, all these things will go into play at the same time, big spending cuts, bush tax cuts expire, minimum tax cut goes away, payroll tax holiday goes away, unemployment benefits extension. whole bunch of things. middle income households making, say, $50,000 a year would see their tax bill rise $2,000. $2,000...
337
337
Nov 7, 2012
11/12
by
CNNW
tv
eye 337
favorite 0
quote 0
let's agree to drive our economy off part of the fiscal cliff instead of driving it off the whole fiscal cliff and we'll call it a day. that might get us out of town, but it won't get us out of the problem and it will also hurt our economy. we can't keep going on like that, and we can't keep setting the bar that low. it is time that we raise the bar. the american people this week didn't give us a mandate to simply do the simple thing, they elected us to lead. they gave us a mandate to work together to do the best for our country, and we know what the best thing to do would be, that would be an agreement to send a signal to the economy and the world that after years of punting on the major fiscal challenges that we face, 2013 is going to be different. it would be in agreement that begins to pave the way for long-term growth that is essential. if we want to lift the cloud of debt that is hanging over our country. we all solve the problem of our fiscal imbalance overnight and certainly won't do it in a lame duck session of congress. and it won't be solved by raising taxes or taking a plunge
let's agree to drive our economy off part of the fiscal cliff instead of driving it off the whole fiscal cliff and we'll call it a day. that might get us out of town, but it won't get us out of the problem and it will also hurt our economy. we can't keep going on like that, and we can't keep setting the bar that low. it is time that we raise the bar. the american people this week didn't give us a mandate to simply do the simple thing, they elected us to lead. they gave us a mandate to work...
506
506
Dec 4, 2012
12/12
by
CNNW
tv
eye 506
favorite 0
quote 1
in going over the fiscal cliff. i don't think that's sustainable. i don't think people fully understand, what the president is saying is 100% of american families and small businesses get continued tax relief on their first $250,000 in income, and on the income above that amount, higher income people would be paying the same rates they did during the clinton administration, which is four more cents on the dollar. and, again, i don't think that's at all unreasonable. the president talked about this at length during the presidential campaign, and i believe -- i think people like tom cole, a conservative republican in oklahoma had it right when he warned his colleagues they would look totally obstructionist if they allowed that to happen. >> congressman, also included in the president's plan was that $200 billion in new stimulus measures. mention the word stimulus to republicans, and, well, they're not too happy with that word. so why do that? why deliberately like -- it seems like it was a deliberate poke in the side.
in going over the fiscal cliff. i don't think that's sustainable. i don't think people fully understand, what the president is saying is 100% of american families and small businesses get continued tax relief on their first $250,000 in income, and on the income above that amount, higher income people would be paying the same rates they did during the clinton administration, which is four more cents on the dollar. and, again, i don't think that's at all unreasonable. the president talked about...
191
191
Nov 20, 2012
11/12
by
CNNW
tv
eye 191
favorite 0
quote 0
joining us to talk to about the fiscal cliff what it could mean for the economy if it plunges over the cliff, mark zandi. mark explain to us, there's a lot of optimism here. but what would happen if they didn't come up with an agreement? what would be the impact of the economy immediately? >> well, you know, i don't think it's a wily coyote moment. january 1 the economy would be okay. with each passing day we don't get a deal, angst would rise, stock market would decline. fiscal cliff is the wrong word it's a fiscal slope, it's going to take some time before it starts to do damage. it's not like on january 1st that things are going to fall apart. it's going to take a few days, weeks before that were to happen. but if they don't reach an agreement, ultimately they fail to reach an agreement it would be a big problem. we'd go into recession. >> and when you talk about recession, how do you define that? groups think unemployment rate could hit almost 10%. >> yeah, that's reasonable. so, if you look at the congressional budget office, this is the nonpartisan group that does a lot of the bu
joining us to talk to about the fiscal cliff what it could mean for the economy if it plunges over the cliff, mark zandi. mark explain to us, there's a lot of optimism here. but what would happen if they didn't come up with an agreement? what would be the impact of the economy immediately? >> well, you know, i don't think it's a wily coyote moment. january 1 the economy would be okay. with each passing day we don't get a deal, angst would rise, stock market would decline. fiscal cliff is...
187
187
Oct 2, 2012
10/12
by
CNNW
tv
eye 187
favorite 0
quote 0
we're talking about the dreaded fiscal cliff. economists think it's the most serious risk facing our economy and your taxes can go up thousands of dollars. to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. in fact, by thinking about where you want your education to lead, while you're still in school, you might find the best route leads somewhere you weren't even looking. let's get to work. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >> time running out for congress and the president to reach a budget deal. if they don't we could come what's called the fiscal cliff that could cost thousands of dollars in tax increase because a slew of temporary tax cuts are due to expire in january. alison kosik is here to talk a little bit what folks on wall street are calling a major threat to the economy. why do they say that? >> reporter: it
we're talking about the dreaded fiscal cliff. economists think it's the most serious risk facing our economy and your taxes can go up thousands of dollars. to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. in fact, by thinking about where you want your education to lead, while you're still in school, you might find the best route leads somewhere you weren't even looking. let's get to work. starts with arthritis pain and a choice....
416
416
Nov 7, 2012
11/12
by
CNNW
tv
eye 416
favorite 0
quote 0
economy will, no doubt, go into a recession if we go off this fiscal cliff. this is a combination of huge federal spending cuts and tax increases that all go into effect together. at the beginning of the year, unless congress does something. the problem is it would happen all at once. that sucks trillions out of the economy. it would shock the economy. it includes $55 billion in defense spending cuts. another $55 billion in nondefense. i am talking everything from education to food inspection funding to air traffic safety. and then there's the tax increases because tax cuts will expire like the bush tax cuts, payroll tax holiday. all of that would go away. then there's more. there's that whole slew of tax credits or take a hit like the child tax credit, that would get cut in half. credits for higher education, those will expire altogether. so all this will happen unless, unless congress and the president can get their act together and stop it all from happening. suzanne? >> that's why there's so much pressure right now to see what both sides are going to do.
economy will, no doubt, go into a recession if we go off this fiscal cliff. this is a combination of huge federal spending cuts and tax increases that all go into effect together. at the beginning of the year, unless congress does something. the problem is it would happen all at once. that sucks trillions out of the economy. it would shock the economy. it includes $55 billion in defense spending cuts. another $55 billion in nondefense. i am talking everything from education to food inspection...
127
127
May 23, 2012
05/12
by
CNNW
tv
eye 127
favorite 0
quote 0
. >>> first the fed chairman warns the economy is going to fall off what he calls a fiscal cliff down the road. now there is a warning that we are headed to another recession unless congress changes direction. it's juicy. it's tender. it seems like it just melts in my mouth. that's a nice steak. only one in five steaks is good enough to be called walmart choice premium beef. you are eating walmart steaks. really? this is fabulous. the steak is excellent. i'm gonna go to walmart and bring it here. [ laughter ] walmart choice premium steak. try it, tell us what you think on facebook. by the way, it's 100% money back guaranteed. [ male announcer ] aggressive styling. a more fuel-efficient turbocharged engine. and a completely redesigned interior. ♪ the 2012 c-class with over 2,000 refinements. it's amazing...inside and out. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. is important to any successful business. which is why at wells fargo, we work with you to get to know the unique aspects of your business. we can recommend fina
. >>> first the fed chairman warns the economy is going to fall off what he calls a fiscal cliff down the road. now there is a warning that we are headed to another recession unless congress changes direction. it's juicy. it's tender. it seems like it just melts in my mouth. that's a nice steak. only one in five steaks is good enough to be called walmart choice premium beef. you are eating walmart steaks. really? this is fabulous. the steak is excellent. i'm gonna go to walmart and...
238
238
Nov 16, 2012
11/12
by
CNNW
tv
eye 238
favorite 0
quote 0
. >>> we're just 46 days away from reaching the dreaded fiscal cliff that i'm sure dana will be reporting on as well. even if a deal is reached, will it take a recession to get our economy back on track? that's what one leading economist says. alan greenspan talks to our ali velshi. that's next. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. >>> it is game on for fiscal clif
. >>> we're just 46 days away from reaching the dreaded fiscal cliff that i'm sure dana will be reporting on as well. even if a deal is reached, will it take a recession to get our economy back on track? that's what one leading economist says. alan greenspan talks to our ali velshi. that's next. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if...
268
268
Nov 29, 2012
11/12
by
CNNW
tv
eye 268
favorite 0
quote 1
economy headed for a recession with or without the fiscal cliff, he says we're already in one. listen to what the person of the cycle research institute told me today. >> the recession has started. we are a few months in to it. and i think if you wanted to argue against me, i would point to jobs, jobs are still growing but looking at the last seven recessions in three of them, jobs continued to grow in to the recession. >> his group bases this on four economic indicators. let me show you. industrial production, that's all the stuff, top left, all the stuff made in the u.s. personal income, you know what that is, sales and employment. look at those lines. based on official government data this year they show a drop off in three of the four indicators starting in july. only employment is steady. that's july. that means we're in a recession right now. may sound obvious to some of you or ridiculous to others but when it comes to determining recessions, few have a better track record than ecri. back in 2001, the group predicted a recession when the vast majority of economists said i
economy headed for a recession with or without the fiscal cliff, he says we're already in one. listen to what the person of the cycle research institute told me today. >> the recession has started. we are a few months in to it. and i think if you wanted to argue against me, i would point to jobs, jobs are still growing but looking at the last seven recessions in three of them, jobs continued to grow in to the recession. >> his group bases this on four economic indicators. let me...
299
299
Sep 14, 2012
09/12
by
CNNW
tv
eye 299
favorite 0
quote 0
congress can help with that, though, by acting to back off the country off of a fiscal cliff we keep talking about and getting the debt under control. stimulus would be a lot more likely to work if businesses have a clear idea of what lies ahead. don't expect any clarity until after the election. >>> response to that anti-muslim film. how can the united states help to secure the region? we'll look into what can be done. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want
congress can help with that, though, by acting to back off the country off of a fiscal cliff we keep talking about and getting the debt under control. stimulus would be a lot more likely to work if businesses have a clear idea of what lies ahead. don't expect any clarity until after the election. >>> response to that anti-muslim film. how can the united states help to secure the region? we'll look into what can be done. [ male announcer ] how can power consumption in china, impact wool...
119
119
Oct 15, 2012
10/12
by
CNN
tv
eye 119
favorite 0
quote 0
if we get rid of the uncertainties for the fiscal cliff, that will be helpful as well. the other thing i think is important, the u.s. is actually becoming really competitive relative to the rest of the world because of what is happening in terms of our energy markets, production of natural gas and oil has increased dramatically. the cost of electricity has been falling. >> which helps in the united states. >> this is a very competitive place to set up manufacturing activity. i think that's going to be another thing that's going to help us. >> and, brooke, that's an important point there that as we have more energy discovered in the united states, particularly natural gas, which can be used for electricity production, a stable low cost of electricity is available to u.s. manufacturers which could bring down the cost of building things in the united states, and that's what some economists are looking for as one of the drivers of the economy in the next few years. housing is another one. doing infrastructure building and repair is another one. so he had some sense of what
if we get rid of the uncertainties for the fiscal cliff, that will be helpful as well. the other thing i think is important, the u.s. is actually becoming really competitive relative to the rest of the world because of what is happening in terms of our energy markets, production of natural gas and oil has increased dramatically. the cost of electricity has been falling. >> which helps in the united states. >> this is a very competitive place to set up manufacturing activity. i think...
173
173
Sep 13, 2012
09/12
by
CNN
tv
eye 173
favorite 0
quote 0
also there's a lot of uncertainty involving the fiscal cliff. what are tax policies going to look like as of january 1? that scent give businesses much incentive either. the discussion after the fed made this move, the discussion is still going to turn to congress and whether or not congress will act on this fiscal cliff. >> thank you. >>> president obama and mitt romney say they have plans to shrink the u.s. debt, but there are problems with both the plans. we have details up next. >>> hey there, everyone. today on the help desk we're talking about the best way to tackle your credit card debt. a lot of people have this issue. joining me this hour, donna rosato and ronald mack. donna, this woman told me she has $4,000 in debt. >> if you've got multiple credit cards, you know, what's the best way to work out a plan where you can pay it off? >> yeah, i think she's wondering which do i pay off first? >> that's right. well, there are two schools of thought on this. generally it's better to focus on the highest rate card and pay that down as quickly
also there's a lot of uncertainty involving the fiscal cliff. what are tax policies going to look like as of january 1? that scent give businesses much incentive either. the discussion after the fed made this move, the discussion is still going to turn to congress and whether or not congress will act on this fiscal cliff. >> thank you. >>> president obama and mitt romney say they have plans to shrink the u.s. debt, but there are problems with both the plans. we have details up...
232
232
Dec 6, 2012
12/12
by
CNNW
tv
eye 232
favorite 0
quote 0
. >>> some folks worried now about the fiscal cliff. one economist worried that a budget deal will actually hurt the economy and send unemployment sky-high. i'll hear what he has to say up next. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. home of the legendary grand prix circuit. the perfect place to bring the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3
. >>> some folks worried now about the fiscal cliff. one economist worried that a budget deal will actually hurt the economy and send unemployment sky-high. i'll hear what he has to say up next. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations....
287
287
Dec 11, 2012
12/12
by
CNNW
tv
eye 287
favorite 0
quote 0
the longer the white house walks the process, the closer our economy gets to the fiscal cliff. >> what i would do to respond to what the speaker has said, though, is to set the record straight. the fact is that the president has and democrats agree with him, agreed to over $1.5 trillion, $1.6 trillion in cuts and the budget control act and other acts of congress in this -- in this particular congress. $1.6 trillion in cuts. where are the cuts? they're in bills that you, mr. speaker, have voted for. >> so it all comes down to tax revenues and spending cuts. tom foreman gives us a virtual view of what is involved in negotiations. watch. >> what you're looking at in the room is everything the federal government spends money on. and that scoreboard back there shows you the problem. last year we spent $3.6 trillion in all of the stuff. but we only took in 2.3 trillion in taxes or revenue. democrats talk in the talks about the revenue side of the equation. they say if we can find a way to gin up more taxes lean on the rich harder, that's how we can dole with the deficit. republicans agreeing
the longer the white house walks the process, the closer our economy gets to the fiscal cliff. >> what i would do to respond to what the speaker has said, though, is to set the record straight. the fact is that the president has and democrats agree with him, agreed to over $1.5 trillion, $1.6 trillion in cuts and the budget control act and other acts of congress in this -- in this particular congress. $1.6 trillion in cuts. where are the cuts? they're in bills that you, mr. speaker, have...
153
153
Oct 23, 2012
10/12
by
CNN
tv
eye 153
favorite 0
quote 0
it is the fiscal cliff fear effect, i imagine. you're in florida. you're going to be going up the east coast here talking to voters in the swing states. how is this playing for folks in florida today? have you talked to them? >> in florida today, we think of this as a pledge for 29 electoral college votes. i've run nainto a lot of people. everybody who is a conservative, liberal, republican or democrat, probably made up their mind. the people who haven't made up their mind are those who say i need to know which one of these guys is going to be better for either my future or the country's future and they're not satisfied with all of the answers they're getting. what they're getting from romney and obama are visions of what the future can look like. with respect to the sequester, they don't get a budget deal or the fiscal cliff, which will cause companies to lay people off, put less money in people's pockets, there is a lot of uncertainty. they want to know which one of these guys is going to get it done. the way i look at it is you see some economic
it is the fiscal cliff fear effect, i imagine. you're in florida. you're going to be going up the east coast here talking to voters in the swing states. how is this playing for folks in florida today? have you talked to them? >> in florida today, we think of this as a pledge for 29 electoral college votes. i've run nainto a lot of people. everybody who is a conservative, liberal, republican or democrat, probably made up their mind. the people who haven't made up their mind are those who...
251
251
Dec 4, 2012
12/12
by
CNNW
tv
eye 251
favorite 0
quote 0
the doom and gloom of the fiscal cliff hides an important point about our economy. we play our cards right, america could be headed for another economic renaissance. short-term indicators are looking good. jobs are being created, consumer debt is shrinking. the housing market is making a comeback. forget silver linings, housing has been the golden lining around the economic cloud hanging over the country. mortgage rates are expected to stay low through 2014. home affordability is as good as it it's been in generations. that's going to attract buyers who spent the last few years waiting for prices to bottom out. that's going to help millions of homeowners who currently owe more on their homes than the home is worth. the home prices rising, confidence will return. and longer term prospects also have some real hope in america. we're in the midst of a domestic energy boom that will fuel growth for years to come. advances in horizontal drilling and hydraulic fracturing, you've heard it as fracking, have changed the economics of natural gas recovery. that sent prices way
the doom and gloom of the fiscal cliff hides an important point about our economy. we play our cards right, america could be headed for another economic renaissance. short-term indicators are looking good. jobs are being created, consumer debt is shrinking. the housing market is making a comeback. forget silver linings, housing has been the golden lining around the economic cloud hanging over the country. mortgage rates are expected to stay low through 2014. home affordability is as good as it...
145
145
Nov 16, 2012
11/12
by
CNN
tv
eye 145
favorite 0
quote 0
the president is talking with lawmakers about the fiscal cliff and meeting with top party members from the house and senate and spoke about the meeting moments ago. >> we have to make sure taxes don't go up on middle class families and the economy remains strong and we're creating jobs and that's an agenda that democrats and republicans and independents people all across the country share. our challenge is to make sure that we are able to cooperate together, work together, find common ground and make tough compromises and build consensus to do the people's business. >> the meeting under way right now by the way. superstorm sandy's damage didn't have to be so bad. we'll look at why so many people lost power and what could be done to prevent a crisis again. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. what if there was a new that focused less on feesy and more... on what matters? maybe your bank account is taking too much time and maybe it's cost
the president is talking with lawmakers about the fiscal cliff and meeting with top party members from the house and senate and spoke about the meeting moments ago. >> we have to make sure taxes don't go up on middle class families and the economy remains strong and we're creating jobs and that's an agenda that democrats and republicans and independents people all across the country share. our challenge is to make sure that we are able to cooperate together, work together, find common...
268
268
Dec 24, 2012
12/12
by
CNNW
tv
eye 268
favorite 0
quote 0
this could have a very, very bad impact on the economy as a whole. it is called the fiscal cliff. for that reason. a plan to stop it all from happening still eludes washington. so congress has broken camp for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and that would mean democratic and republican support. right now, all eyes on the senate because they will reconvene on the 27th that is thursday. and senate majority leader harry reid, it is up to him really to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up fo
this could have a very, very bad impact on the economy as a whole. it is called the fiscal cliff. for that reason. a plan to stop it all from happening still eludes washington. so congress has broken camp for the holidays, the president has gone to hawaii on vacation. white house correspondent brianna keilar tells us no one is really talking, anyone, to get this solved. at least not here at christmas. >> reporter: senate democrats are not in conversations right now with senate republicans...
254
254
Dec 21, 2012
12/12
by
CNNW
tv
eye 254
favorite 0
quote 0
muhammad el aryan, pimco, a big bond fund and what happened if we go over the fiscal cliff. you see stocks fall and disruptions in global markets and it would not be a good thing for economies and it would not be a good thing for the stock market and investors are now starting to realize that there are hopes and assumptions that grown-ups in washington would prevail and this would get fixed and those might have been too rosy, those assumptions. >> what does it mean when you think of all of our taxes going up. how will this impact most of us, most middle class folks that are looking at the potential of all of this? >> i made a list for you, quite frankly. it means a difference to your paycheck. it means this will have to file an extension for your tax refund. it could be refunds delayed and tax season starts in just a few weeks. it means payroll processors don't exactly know what to do in terms of the withholding tables for your paycheck. think of it, you're going to get a paycheck in the first week in january and some will get it in the first week of january and you could ge
muhammad el aryan, pimco, a big bond fund and what happened if we go over the fiscal cliff. you see stocks fall and disruptions in global markets and it would not be a good thing for economies and it would not be a good thing for the stock market and investors are now starting to realize that there are hopes and assumptions that grown-ups in washington would prevail and this would get fixed and those might have been too rosy, those assumptions. >> what does it mean when you think of all...